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Crypto Reporter

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Dogecoin (DOGE) and Litecoin (LTC) Huge Upswings Underway as Bitcoin Crossed $70K – Experts Say to Watch This New Altcoin for a Potential 55X Gain

October 30, 2024 By Crypto Reporter

After several failed attempts, Bitcoin (BTC) finally crossed $71,000—a hair’s breadth away from its all-time high of $73,000. With sentiment quickly turning bullish, the overall crypto market is exploding in a matter of time. Top altcoins like Dogecoin (DOGE) and Litecoin (LTC) are cryptos to watch out for.

At the same time, DTX Exchange (DTX), a new exchange-based token in the limelight after crossing $6 million in presale, has caught experts’ attention. Its blend of CEX and DEX, while standing at the crossroads between TradFi and DeFi, sets the stage for massive growth. Hailed as the best new crypto to invest in, it is a project worth checking out.

DTX Exchange (DTX): A New ALtcoin to Watch Out For

DTX Exchange (DTX), one of the best altcoins, enjoys massive investor interest. Its appeal spans its novelty as a hybrid exchange platform to having key elements of centralized and decentralized exchanges. It stands at the crossroads between TradFi and DeFi, offering over 120,000 asset classes to traders.

Its impending transformation of the global trading scene makes it a strong crypto contender. As a one-stop trading platform, some of its perks are non-custodial trading, global accessibility, enhanced liquidity, security and transparency.

As it races toward adoption, it is a new DeFi project to watch out for. The token is already pre-listed on CoinMarketCap and costs only $0.08 in the fourth ICO round. Industry experts believe it could increase over 55x after its launch considering its potential transformation of the $3.2 billion global trading market. Tipped to overtake Dogecoin (DOGE) and Litecoin (LTC), it might be a more compelling alternative.

Dogecoin (DOGE): 10% Gain on the Daily Chart

Dogecoin (DOGE) is widely known in the crypto landscape—a household name. Its leading and pioneering status in the meme scene makes it a favorite among retailers and institutional investors. Set to lead the next meme craze, it is one of the altcoins to watch.

The Dogecoin price skyrocketed after Bitcoin crossed $70,000. It exploded over 10% on the daily charts, trading above $0.16. This renewed interest in memecoins is just the start; the dog-themed cryptocurrency is on a bullish path.

According to a popular Dogecoin price prediction, $1 is imminent. This jump is projected to happen this quarter or in the first half of 2025, making it arguably one of the best cryptos to invest in. More importantly, investors can position for significant ROIs without breaking the bank, adding to its attraction.

Litecoin (LTC): On Track to Cross the 2021 Peak Price

Litecoin (LTC), created based on the Bitcoin (BTC) protocol, is a top 20 cryptocurrency. It was designed to provide fast, secure and low-cost payments, explaining its unique offerings. The recent BTC uptick puts it in the spotlight.

As sentiment turns bullish, Litecoin (LTC) has begun to gather steam. At the time of writing, the Litecoin price increased 2% in the past 24 hours, maintaining the $70 support. It is tipped to reclaim its monthly high of $75 in the coming days, inching closer to its March high of $109.

The coming weeks promise even more gains. Given the historical bullishness of Q4, especially in a halving year, Litecoin (LTC) is among the best cryptos to invest in. Industry experts believe a new ATH—crossing the 2021 peak of $412—isn’t out of the question, making it a bet worth taking.

Conclusion

Bitcoin finally breached the $70,000 resistance, set to usher in a fresh bullish wave ahead of the US election. Gearing up to ride this wave are Dogecoin (DOGE) and Litecoin (LTC), placing them on the lists of cryptos to buy. Meanwhile, DTX Exchange’s hybrid trading platform has caught experts’ attention, tipped for a 55x rally after its launch.

Learn more:

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Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News

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